This watchdog blog, by journalist Norman Oder, offers analysis, commentary, and reportage about the $4.9B project to build the Barclays Center arena and 15-16 towers at a crucial site in Brooklyn. Dubbed Atlantic Yards by developer Forest City Ratner in 2003, it was rebranded Pacific Park Brooklyn in 2014 after the Chinese government-owned Greenland Group bought a 70% stake going forward. As of 2018, after the arena and four towers were built, Greenland owns 95% of future construction.

As the organization explains, each year, it collects a variety of indicators of key threats to affordable housing in the city that illustrate issues and patterns that are specific to each community district, as well as the city as a whole.

This year’s housing risk chart shows displacement is a growing crisis. The neighborhoods losing the most affordable rent stabilized units between 2015 and 2016 are Astoria (634), Central Harlem (500) and Bedford Stuyvesant (460), or Brooklyn Community Board 3.

In Brooklyn, Bedford Stuyvesant had the most new residential units approved, with over 1,000 new units in 2017. It also had a dramatic decline (-81.8%) in home purchase loans made to low- and moderate-income buyers, as did Brooklyn Community Board 6, Park Slope/Gowanus/Red Hook (-85.7%).

I've annotated the chart above to highlight the far right corner--the number of threats to affordable housing in the four Community Districts which touch on--directly or indirectly--the Atlantic Yards/Pacific Park project, which make residents eligible for the community preference for affordable housing.

CB 3 has 19, including new buildings, foreclosures, and expiring affordability, which puts it in the top 10.

CB 8 (Crown Heights) has 16, including growing income stratification and high rates of flipping, which puts it in the top 20. CB 6 has 4 threats and CB 2 (Brooklyn Heights/DUMBO/Fort Greene) has 2.